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What are the Odds You’ll Lose Most of Your Money Trading on the Stock Market Every Day?
And what do you do if you want to invest in the short term?
This is, of course, after a simple rule:
You should never, ever, never, ever, ever, ever, ever have money in the stock market that is going to be used in the next few years, let alone the recent future.
You will lose that money. I guarantee you.
No amount of education you believe you have will help you.
If you do make money, it’s due to luck, and you should count your blessings and absorb that short-term capital gain while you can.
The stock market is not some money machine. It doesn’t print cash. It doesn’t just spit money out to you in less than 6 months. I know it feels like it did in 2020, but this is highly abnormal. Real growth is slow and takes years. Businesses can take years to grow. They often take many years to grow.
Businesses can take years to actualize decent stock gains. Everything normalizes in the long-term, no matter what.
“Nothing sedates rationality like large doses of effortless money. After a heady experience of that kind, normally sensible people drift into behavior akin to that of Cinderella at the…